What To Do When Family Members Need Financial Help

By Eve Kaplan, Certified Financial Planner ™ Welcome to the Sandwich Generation! You’re a member if you’re “sandwiched” between helping adult children and aging parents.  Americans see themselves are more “independent” and sometimes less family-oriented than some other cultures but you still may be on the hook to support adult children in their 20s, 30s and […]

Divorce Due to Medical Bills!? Sometimes It Makes Sense

By Eve Kaplan, Certified Financial Planner® Practitioner Divorce amongst older couples is on the rise in this country due to spiraling medical/long-term care costs. Soaring medical/nursing care expenses are aggravated by longevity and uninsured risk (no long-term care insurance in place). Although unappetizing, divorce – when compared with alternatives — may inflict the least amount […]

Avoid Adding Your Child’s Name to Your Bank Account!

by Eve Kaplan, CFP(R) Clients sometimes ask me if they can add their adult child’s name to their bank account(s) so the child can tap funds as needed or write checks on behalf of the client. While adding a child’s name seems like a harmless, familial gesture of love and trust, the financial consequences can […]

Consider Updating These Vital Estate Documents

Consider Updating These Vital Estate Documents By Eve Kaplan, CFP® Practitioner As Boomers get older, they’re learning (sometimes too late) that having the right kind of estate documents for our aging parents can prevent family meltdowns. Standard estate documents can get a “make over” and there’s a new generation of legal documents tailored specifically for […]